Opalesque Industry Update - Horizon Cash Management said it will distribute a survey to commodity trading advisors (CTAs) and commodity pool operators (CPOs) designed to document the impact of the MF Global and Peregrine Financial Group (PFG) liquidations on the managed futures industry and its investors. The survey will go out October 31, marking the one-year anniversary of the MF Global meltdown.
Diane Mix Birnberg, Horizon Founder and Chairman, said, “I have witnessed ten bankruptcies of futures commission merchants (FCMs) in my 30-year career. Nothing, however, came close to the magnitude of the implosion created by MF Global and the additional damage caused by the PFG meltdown, a mere nine months later.” Horizon said the survey will seek answers to important questions including:
The survey, which aims to capture both quantitative and qualitative information, will be distributed to the entire universe of CTAs and CPOs globally in order to ensure a wide statistic base. All responses will remain anonymous. The Executive Summary will be distributed to regulators, government oversight authorities, futures exchanges, FCMs and the media worldwide in early 2013. Press release bc |
Industry Updates
CTA and CPO survey from Horizon in wake of MF Global and PFG liquidations
Wednesday, October 31, 2012
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